HDFC Banks special FD for senior citizens with higher interest rate will end soon: Check details

HDFC Bank’s special fixed deposit (FD) scheme for senior citizens with higher interest rate, called Senior Citizen Care, will end soon after multiple extensions.

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Forex spend tax: FAQs awaited on many aspects

While Wednesday's decision has provided relief and clarity to several taxpayers, banks and travel agents, there are several aspects on which stakeholders are awaiting the FAQs.

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Customers face brunt of new bank locker rule

Many bank branches are unprepared, lacking necessary documents for signing the agreements, despite customers being notified to visit and update these. Customers have expressed frustration over the inconsistency in stamp duty denominations between branches in the same state.

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Will PPF interest rate increase for July-September quarter?

The central government has not revised the interest rate of PPF since April 2020. It has remained at 7.1 per cent since then. Will the interest rate of the Public Provident Fund (PPF) increase in July-September quarter? To know whether there will be a hike in PPF interest for the next quarter, you need to understand how the interest rate is calculated. Take a look

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Despite high medical inflation only 15% of Indians made health insurance reimbursement claims above Rs 1 lakh

A survey has revealed that only about 0.2% Indians had made and received a health insurance reimbursement claim above Rs 10 lakh during April 2022-March 2023.

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EPFO likely to extend the deadline for higher EPS pension by three months: Sources

Employees were facing many issues while applying for higher pension due to a lack of clarity on various rules and delayed clarification from EPFO made it difficult for large number of employees to exercise their hard-earned option to apply for higher pension from Employees' Pension Scheme (EPS). Here are some reasons why extension is needed.

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Applying for higher EPS pension: As glitches plague EPFO portal govt may again extend deadline

At present, the deadline for submission of applications for higher pension ends on June 26. The process continues to be riddled with an array of technical snags that the Employee Provident Fund Organisation (EPFO) has not been able to fix, despite them being flagged by both employees and employers repeatedly.

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Higher EPS pension: Snags hit EPFO portal as deadline looms

Issues persist despite being red flagged by EPFO’s Central Board of Trustees as well as by employer organisations.

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Monday is the last date to apply for higher EPS pension

The deadline to apply for higher pension from Employees' Pension Scheme (EPS) is June 26, 2023 i.e., Monday. However, it may happen that you still have not applied for the same or are unable to submit the application form due snags on the website. Then you must hurry up and submit the application form as soon as possible.

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EPS higher pension: 'Unable to submit' EPFO members complain on Twitter as deadline nears

Many EPF members are complaining on Twitter that they are unable to submit the joint application form on the EPFO's Member Sewa portal for higher pension. It is important to note that the last date to apply for higher pension from EPS is July 26, 2023 - which is coming Monday.

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Will PAN-Aadhaar linking deadline be extended beyond June 30?

The Central Board of Direct Taxes (CBDT) has extended the last date to link PAN with Aadhaar from March 31, 2023 earlier to June 30, 2023. There is a penalty amount to be paid to the income tax department before linking of PAN with Aadhaar. Will the government extend the deadline to link PAN with Aadhaar once again?

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Biparjoy Cyclone: LIC announces relaxations for victims of cyclone

LIC has announced concessions in an effort to ease the suffering of LIC policy claimants and Pradhan Mantri Jeevan Jyoti Bima Yojana recipients impacted by the Biparjoy cyclone.

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Cyclone Biparjoy: Insurance claim payments to be disbursed at the earliest says Irdai

In order to expedite the settlement of insurance claims in all states impacted by storm Biparjoy, the Insurance Regulatory and Development Authority of India (IRDAI) has requested life insurers to take the appropriate actions.

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